Kaushambi firecracker plant blast: 11 dead; PM announces ₹2 lakh ex-gratia
Prime Minister Narendra Modi expressed grief over the firecracker factory blast in Uttar Pradesh’s Kaushambi and announced ₹2 lakh ex-gratia for each deceased victim
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Prime Minister Narendra Modi expressed grief over the firecracker factory blast in Uttar Pradesh’s Kaushambi and announced ₹2 lakh ex-gratia for each deceased victim
The NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Chandra’s repayment plan after three tribunal members delivered differing views. The plan involves ₹1,494 crore from principal borrowers and ₹6.25 crore from Chandra, who guaranteed ₹22,006 crore in Essel Group borrowings. Dissenting lenders oppose it.
The Delhi High Court ordered a forensic audit of Fortis Healthcare transactions. This audit will examine dealings with IHH Healthcare Berhad and RHT Health Trust. It will also probe transactions involving the Singh brothers and Religare Group companies. The court seeks to trace the movement of shares and funds. This comprehensive audit must be completed…
NSE’s CAS turnover surged to Rs 39,718 crore, nearly 22 per cent of cash-market turnover, as MSCI rebalancing triggered sharp price swings in dozens of stocks
What the US Fed’s new chief had to say at the symposium reassured global markets, while the seven key principles he enunciated for monetary policy are relevant for central banks across the globe—even if his position on communication is contestable.
Wife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh less price than market value. Read the article to know why the wife won the case in ITAT Kolkata.
The country’s latest GDP data offers a heartening picture of the economy in the last quarter. It’s a story of all-round resilience in the face of global headwinds—and perhaps a scale tilter in the context of RBI policy.
Numbers, brands and ideas may all signal progress, but it’s systems, these pieces tell us, that actually decide the durability of progress
India’s primary market anticipates a strong September with IPOs worth twenty to twenty-five thousand crore. Nearly twenty-five companies are preparing to launch offerings before their approvals expire. This surge reflects improved issuer sentiment after a cautious first half of the year. Companies are capitalizing on better market conditions and recent successful listings. This activity aims…
MSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdings, impacting several stocks significantly during the new Closing Auction System. The Closing Auction Session accounted for a substantial portion of the day’s total cash market turnover. Some large-cap stocks experienced unexpected declines without clear fundamental reasons. Traders and…